Lifestyle
NXP, Vanguard to invest US$7.8 billion in Singapore wafer plant
NXP Semiconductors and TSMC-backed Vanguard announced a US$7.8 billion joint venture to produce silicon wafers on Wednesday (Jun 5), joining other chipmakers setting up plants in Singapore to diversify...
COE premiums fall across the board; mainstream car category posts largest drop in 2024 to date
PREMIUMS for Certificates of Entitlement (COE) fell for all categories in June’s first round of bidding. Passenger car premiums – Category A and B – led the way with...
Indonesia central bank to continue intervention to stabilise rupiah
Indonesia’s central bank will continue to intervene in the foreign exchange market to stabilise the rupiah, its governor said on Wednesday (Jun 5), adding that the currency would strengthen...
UBS, HSBC urge China to expand wealth links with Hong Kong
Hong Kong’s central bank chief and executives at UBS Group and HSBC called for the expansion of wealth links between the city and mainland China, months after a key...
Australia moves to rein in buy-now-pay-later with credit check law
THE Australian government on Wednesday (Jun 5) introduced legislation that would require buy-now-pay-later (BNPL) firms to run credit checks on borrowers, aiming to regulate the rapidly growing sector popular...
BlackRock, Citadel back upstart Texas challenge to NYSE, Nasdaq
BLACKROCK, Citadel Securities and other investors are backing an upstart Texas stock market to challenge to the New York Stock Exchange (NYSE) and Nasdaq. The Texas Stock Exchange (TXSE)...
Gold edges lower as spotlight shifts to US jobs data
GOLD prices inched lower on Wednesday (Jun 5) as the US dollar firmed, while investors focussed on the US non-farm payrolls report due later in the week for more...
Singapore shares down at Wednesday’s open; STI falls 0.1%
SINGAPORE equities began trading in negative territory on Wednesday (Jun 5), after US stocks recovered from an early morning fall to close higher on Tuesday. As at 9.02 am, the...
